Brazil

Precious Woods Amazon

Increase in sales and productivity

PW Amazon achieved net sales of EUR 19.2 million, 25.9 % higher than the previous year (EUR 15.2 million). Export sales increased by 21.3 %, revenues in the local market by 26.3 %, and sales from deliveries of biomass to the energy plant doubled over the previous year. However, these were not consolidated until June 2021, so the increase must be viewed in relative terms. Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to EUR 8.9 million (previous year: EUR 11.0 million), corresponding to a margin of 46.6 % (previous year: 72.5 %). Earnings before interest and taxes (EBIT) amounted to EUR 8.3 million (previous year: EUR 10.7 million). This corresponds to a decrease of EUR 2.4 million from the previous year and is largely due to currency effects. EBITDA and EBIT in the 2022 fiscal year include an increase in the value of biomass in the amount of EUR 4.1 million (previous year: EUR 4.1 million).